ISLAMABAD
Minister of State for Information and Broadcasting Farrukh Habib has said that Pakistan has a sustainable growth rate of 5.37 percent despite Covid-19, global high inflation and other economic challenges.
Farrukh Habib in a tweet on Wednesday said that exports, tax collection and agricultural produce showed upward trends. He said that in the first half of the fiscal year, IT exports increased by 35.8 percent, FBR tax recovery by 32.4 percent whereas the State Bank of Pakistan reserves by 31.8 percent.
He said textile exports increased by 26 per cent, services exports by 20.4 percent and remittances increased by 13.3 percent.
Agriculture crops including cotton, rice, sugarcane, wheat and maize production increased which brought additional income of billions of rupees to the farmer community and their purchasing power has also increased.
